They admitted that they defrauded First California Bank and Wells Fargo Bank in connection with mortgage loans they received to buy a $750,000 rental property in Daly City and a $600,000 rental property in San Bruno.

The husband further admitted that he lied to the FBI to maintain a top-level security clearance. Espinel worked for the agency for 32 years, most recently as a support services technician.

The maximum sentence for bank fraud is 30 years in prison and a $1 million fine. The Espinels are scheduled to be sentenced on Nov. 12.